The funk at VeriFone Systems Inc. continued late Wednesday when the leading point-of-sale terminal maker said revenues and profits for its first quarter of fiscal 2013 ended Jan. 31 would come in far short of earlier predictions. The downward forecast triggered a selloff in VeriFone’s shares, whose price was …

  Aiming to resolve a vexing security problem presented by user names and passwords, Palo Alto, Calif.-based startup Nok Nok Labs launched on Tuesday with $15 million in financing. Next month, Nok Nok will start shipping software that will allow users of PCs and mobile devices to identify themselves to …

Despite the nearly universal opinion that near-field communication (NFC) is a high-capacity, fast, and secure technology for mobile payments, it isn’t exactly winning popularity contests. Mobile-payments leaders PayPal Inc., Square Inc., and Starbucks Corp., along with many other industry players, use other technologies, often quick-response (QR) codes or other 2-D …

The gift card, the bedrock of the prepaid card world, is increasingly taking on a digital form, cutting costs for merchants and adding to convenience for mobile-phone-wielding customers. But hold the obituaries for plastic. By Lauri Giesen One of the fastest-growing payment cards isn’t really a plastic card at all. …

Karen Epper Hoffman Mobile remote deposit capture and related services are creating a wealth of opportunities for imaging companies. What is market leader Mitek Systems doing to defend its position, and what do its challengers have cooking? Will success change mobile remote deposit capture? Services that allow consumers and businesses …

  Thursday, Jan. 31, 2013, will go down as one of the payments industry’s more notable days of the deal. First, payments-software developer ACI Worldwide Inc. announced plans to buy Online Resources Corp. in a deal that values the electronic bill-payment and presentment technology provider at $263 million. Then the big processor …

The Shazam debit network on Monday took a step closer to entering the fray for near real-time person-to-person payments with the launch of its Shazam Bolts mobile app. The app, which works on smart phones and tablets running Apple Inc.’s iOS software, will initially enable financial-institution customers to receive alerts …

Prepaid card program manager Green Dot Corp. launched its GoBank mobile-banking application Tuesday. The app gives struggling Green Dot a powerful weapon to fight competitors for underbanked consumers or those simply dissatisfied with mainstream banks, including American Express Co., issuer of the new, low-fee Bluebird prepaid card account for customers …

Spot Credit And Mobile Fuel Online Sales There’s been an awful lot of buzz about mobile payments the past few years, and now the payment method is starting to register. Indeed, 2012 marked the first time mobile-originated transactions accounted for a meaningful share of online purchase volume, says Beth Robertson, …

Peter Lucas Last year’s Google Wallet hack should have been a wakeup call, but security experts are still plenty nervous about wallets. What’s being done to shore up security? When Google Inc.’s digital wallet was breached last February by security experts from not just one, but two, points of entry, …